Better Cryptocurrency to Buy and Hold for 10 Years: Bitcoin vs. Cardano
Will the biggest and best-known crypto assets of today, like Bitcoin (CRYPTO: BTC), continue to hold up against newer players like Cardano (CRYPTO: ADA), or will they go the way of the dodo?To address this question, let's examine how and why these two coins might flourish during the coming decade and which is more likely to provide a good return for investors.You're probably already familiar with the investment thesis for Bitcoin: It's a asset with a firm supply cap that's hard for any given set of actors to control or disrupt. There can only ever be 21 million Bitcoins in circulation (about 19.8 million now circulate), which means that it should, in theory, maintain its purchasing power against fiat currencies. Furthermore, because it gets more and more difficult to mine over time, there's a structural basis for rising prices, as any increase in demand will be chasing less and less supply. Notably, its blockchain doesn't need to be upgraded at all for this process to occur.Continue reading
Will the biggest and best-known crypto assets of today, like Bitcoin (CRYPTO: BTC), continue to hold up against newer players like Cardano (CRYPTO: ADA), or will they go the way of the dodo?
To address this question, let's examine how and why these two coins might flourish during the coming decade and which is more likely to provide a good return for investors.
You're probably already familiar with the investment thesis for Bitcoin: It's a asset with a firm supply cap that's hard for any given set of actors to control or disrupt. There can only ever be 21 million Bitcoins in circulation (about 19.8 million now circulate), which means that it should, in theory, maintain its purchasing power against fiat currencies. Furthermore, because it gets more and more difficult to mine over time, there's a structural basis for rising prices, as any increase in demand will be chasing less and less supply. Notably, its blockchain doesn't need to be upgraded at all for this process to occur.
